We all do know that unique problems call for unique solutions. Africa, being unique, could only be saved if Africans could think outside the box when solving the problems of the land (Text book knowledge only provides complementary guidance!). In their quest to relieve the continent of fake and substandard drugs, Ashifi Gogo et al. (AKA Mpedigree) have provided an African-viable mechanism to help the sick ascertain the genuineness of their prescribed medicine. Ashifi et al. realized the popularity of cellular phones in Africa and thus came up with a simple mobile technology that would enable almost every Ghanaian (rich or poor, rural or urban) verify whether or not a medical product is fake. Their approach is indeed a TROPICAL SOLUTION FOR A TROPICAL LAND!
Warning: Objects in this article may appear farther than they really are!
Many research have found the Ghanaian worker to be of an extremely low productivity level: I read a UN study, published on Ghanaweb, which found, using wages of Ghanaian workers that a Ghanaian worker is too unproductive to cause any meaningful contribution to economic growth. This finding, as well as many other similar ones, has been readily accepted by Ghanaians because itâ€™s in tune with the conventional wisdom that African workers are unproductive and also because it was done by UN (For some reason, most people regard the sayings of the UN to be the indubitable Gospel).
Many workers in Ghana feel like unappreciated housewives! Why? Because they feel what they earn are far less than the value of their services they offer (Could any inspired soul do a simple survey analysis to test this claim?). I wonder, however, if managers/employers/bosses know the consequences of cheating the worker! As it's in the best interest of the president to satisfy the military, the hirer better not piss off the hired! Why?
If i had just 5 minutes to teach a politician Economics, I would tell them about the Money equation:
MV = PY
where M is the amount of money in the economy; V is the velocity of money and it's just a measure of the number of times a cedi note changes hands (In other words, it's a measure of the rate at which transaction takes place); P is the price level of the economy; and Y is the real GDP or output level of the economy (normally called the economic pie). Y includes all final goods and services produced in the country.
There are so many key (as well as interesting) points made in this Paa Kwesi's article, titled "Brain drain, language and standing afar". (Please check it out because it's a really cool article). However, i wish to respond to a couple that i somehow disagree with.
Apparently, what i had posted earlier were missing the mathematical equations. I have attached another version that should not be corrupted. I, once again, would like to note that, though I have included some mathematical stuff (to convince the mathy guys), I have at least tried to preserve the big economic story. This paper, unlike Akerlof's, is therefore PG 13 (should be readable to even SSS graduates). In case there are any additions to make my story more convincing, please feel free to comment and i will do well to revise it accordingly. Many thanks
We have all heard big talks on brain drain in Ghana, and Africa as whole. Even without looking at data, it's indisputable that the best human capital of Africa are being used in non-African lands. This has deceived numerous African leaders and thinkers to attribute the "tortoise" progress of the continent to this famous phenomenon called brain drain. Though brain drain, without an iota of doubt, is a reality, whether or not, Africa (Ghana) could have currently done better without it is debatable.
Most Ghanaians dread risks. How do i know?